... regressions are employed for robustness tests to address potential endogeneity. Findings Pandemic IPOs provide significantly larger short-term returns than pre-pandemic IPOs measured up to one month. Underpricing during the pandemic is not significantly greater due to 10% daily price limit, which leads...

...Wei-Fong Pan; Xinjie Wang; Ge Wu; Weike Xu Purpose The purpose of this study is to examine the effects of the coronavirus disease 2019 (COVID-19) pandemic on sovereign credit default swap (CDS) spreads using a large sample of countries. Design/methodology/approach In this paper, the authors...